US Seizes Record $225 Million in Crypto from Investment Fraud Scams
TL;DR Summary
The U.S. government has seized over $225.3 million in cryptocurrency linked to a large-scale confidence scam, marking the largest such seizure in U.S. history, as part of an investigation into elaborate crypto investment fraud schemes that caused billions in losses globally.
- District of Columbia | Largest Ever Seizure of Funds Related to Crypto Confidence Scams Department of Justice (.gov)
- US seizes record $225 million from crypto investment scammers CNN
- What are pig butchering scams? How to protect yourself from online con artists. Mashable
- DOJ seizes record $225 million in crypto tied to global 'pig butchering' scams CNBC
- US Seizes $225.3 Million in Cryptocurrency Tied to Investment Fraud Schemes PYMNTS.com
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